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November 15, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Greenville, Business Loans > Freedom National Bank Greenville Business Loans > Industrial Inorganic Chemicals, N.E.C Loan | ||||
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How to Get SBA Loans in Providence, Rhode Island
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Business Loans for Basic Inorganic Chemical ManufacturingLooking for business loans for basic inorganic chemical manufacturing? Try the SBA. This $200,000 basic inorganic chemical manufacturing loan was issued by a Rhode Island bank. This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Freedom National Bank, out of Greenville, Rhode Island. The loan was granted and they received $200,000 to help grow their Providence, Rhode Island business. SBA Loan Borrower COMPANY TYPE: INDUSTRIAL INORGANIC CHEMICALS, N.E.C SBA Loan Lender FREEDOM NATIONAL BANK This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2819 - Industrial Inorganic Chemicals, N.E.C NAICS Code 325188 - Basic Inorganic Chemical Manufacturing Loan Approval Date 3/24/2006 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: SBA 7A Banks in Greenville, Rhode Island
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